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Re:Walmart says it will discontinue Jet by benburleson on Tuesday May 19, 2020 @09:16AM (#23234518)
Compared to walmart.com, though, there's no reason to keep it. As a consumer, I don't really know/trust jet.com.
Re:Walmart says it will discontinue Jet by Symmetry on Tuesday May 19, 2020 @11:49AM (#23236183)
There are class complications that make using the Walmart brand potentially problematic, though. People with college degrees who would shop at Whole Foods or Costco or boutique retailers look down on Costco but wouldn't have those associations with Jet.com. I'm sure Walmart has researched this but keeping both brands would seem worth it from that angle.
Re:Walmart says it will discontinue Jet by dehrmann on Tuesday May 19, 2020 @12:29PM (#23236782)
The first time I saw jet.com, I assumed it was for Jet Magazine. Maybe someone things it has to do with jet planes. I wouldn't want to have to do brand marketing for such an ambiguous name.
Re:Walmart says it will discontinue Jet by jonas21 on Tuesday May 19, 2020 @03:29PM (#23239065)
It works both ways though. People who would never set foot in a Walmart might order from walmart.com for convenience or price or because they don't really think about it when ordering online.

If they have a positive experience online, that could affect their impression of the Walmart brand in general.

Re:Walmart says it will discontinue Jet by MiroF on Tuesday May 19, 2020 @04:01PM (#23239459)
> Costco

I'm almost certain you meant to say Walmart here.

Re:Walmart says it will discontinue Jet by Symmetry on Tuesday May 19, 2020 @10:11PM (#23242601)
No. People who shop at Costco tend to have the spare cash to buy lots of stuff at once and have lots of space to put it and so draw from a very different demographic than Walmart does, mostly. It's a bit of a Sam Vimes boot theory thing.

https://wiki.lspace.org/mediawiki/Sam_Vimes_Theory_of_Econom...

Re:Walmart says it will discontinue Jet by meter on Tuesday May 19, 2020 @10:35PM (#23242736)
You said “Costco” twice. The second time appears to be a typo.
Re:Walmart says it will discontinue Jet by Symmetry on Wednesday May 20, 2020 @10:27AM (#23247178)
Oh, thanks. Yes it is.
Re:Walmart says it will discontinue Jet by MiroF on Tuesday May 19, 2020 @11:19PM (#23242979)
> No.

Well your comment isn’t particularly coherent then.

Re:Walmart says it will discontinue Jet by Symmetry on Wednesday May 20, 2020 @10:28AM (#23247185)
Oops, that should have been "would shop at Whole Foods or Costco or boutique retailers look down on Walmart"
Re:Walmart says it will discontinue Jet by naravara on Tuesday May 19, 2020 @02:52PM (#23238631)
Walmart's brand is pretty toxic in certain corners, so I could see Jet being an "alternative" to dodge the association. Kind of like Tab/Diet Coke.

But I think basically anyone using Jet pretty much knew it was WalMart anyway so it didn't matter.

Re:Walmart says it will discontinue Jet by Roboprog on Tuesday May 19, 2020 @06:03PM (#23240847)
Exactly. This is the first time I’ve ever heard the name.

Like the post above said, much of the Jet acquisition was likely really just to absorb the IP and expertise, anyway.

That said, we recently ordered some patio furniture from Walmart.com after comparison shopping on Amazon and Home Depot. And I suppose next month we’ll find better deals on yet another site. Don’t get too cozy with any of these companies and keep your eyes open for price and quality drift.

Re:Walmart says it will discontinue Jet by jtdev on Tuesday May 19, 2020 @09:20AM (#23234550)
I do know Walmart, and I don’t trust or like the brand.
Re:Walmart says it will discontinue Jet by dahfizz on Tuesday May 19, 2020 @09:25AM (#23234607)
Well, hundreds of millions Americans do. It's one of the strongest brands in the world.
Re:Walmart says it will discontinue Jet by ckocagil on Tuesday May 19, 2020 @09:45AM (#23234794)
Millions (billions?) trust Facebook too. Yet, Facebook kept the Instagram brand and it paid off.
Re:Walmart says it will discontinue Jet by stickfigure on Tuesday May 19, 2020 @11:22AM (#23235829)
Facebook keeps Instagram (and Whatsapp) as a form of market segmentation. Just like how Proctor & Gamble sells eleven (!) different brands of laundry detergent:

https://en.wikipedia.org/wiki/List_of_Procter_%26_Gamble_bra...

Presumably they capture more of the overall market for detergent that way. Maybe the same mechanisms do not apply to retail in general.

Re:Walmart says it will discontinue Jet by disgruntledphd2 on Tuesday May 19, 2020 @05:44PM (#23240657)
Yeah, it was explained to me once by a bid for shelf space. If there are 2 brands, a new one gets 1/3rd of the space, if there are 15, then a new one gets 1/16.

Therefore making P&G more money.

Re:Walmart says it will discontinue Jet by dcist on Tuesday May 19, 2020 @09:55AM (#23234884)
At the time of acquisition, I think the Instagram brand was more popular and recognized among users than Jet.com. Jet.com didn't become a phenomenon before Walmart acquired it. Instagram was already extremely popular when FB bought it.
Re:Walmart says it will discontinue Jet by disgruntledphd2 on Tuesday May 19, 2020 @05:47PM (#23240674)
Instagram had like less than 20mn users when FB acquired it.

If you peruse the HN comments from the time, many of them were convinced that this was a waste of money (though not the top comment, interestingly enough): https://news.ycombinator.com/item?id=3817840

Re:Walmart says it will discontinue Jet by lostapathy on Tuesday May 19, 2020 @12:38PM (#23236920)
Brand trust goes both ways.

It seems plausible that as walmart.com becomes better known as a good alternative to amazon for straightforward items, it might actually make people trust the walmart brand more - and put more shoppers in stores.

Re:Walmart says it will discontinue Jet by mark-r on Tuesday May 19, 2020 @06:10PM (#23240899)
I don't think it's a matter of trust so much as classism. I know some people who simply won't go into a Walmart because they don't see themselves as the kind of people who would shop at Walmart.
Re:Walmart says it will discontinue Jet by unclebucknasty on Tuesday May 19, 2020 @10:23AM (#23235166)
Different situation. Facebook and Instagram are social brands that signal which demo you'll find on each platform (at least at the time of acquisition).

Instagram's branding/demo was a big part of what FB was after.

Re:Walmart says it will discontinue Jet by speedgoose on Tuesday May 19, 2020 @09:39AM (#23234742)
*In USA.
Re:Walmart says it will discontinue Jet by TallGuyShort on Tuesday May 19, 2020 @09:47AM (#23234816)
Forbes ranks it as the #26 most valuable brand in the world: https://www.forbes.com/powerful-brands/list/. Just because it's an almost entirely American brand doesn't change anything GP said.
Re:Walmart says it will discontinue Jet by ativzzz on Tuesday May 19, 2020 @10:03AM (#23234953)
Interesting it's so low, considering they are the highest revenue company in the world (as of 2018) https://en.wikipedia.org/wiki/List_of_largest_companies_by_r...
Re:Walmart says it will discontinue Jet by speedgoose on Tuesday May 19, 2020 @10:50AM (#23235467)
The brand is absent from most countries.
Re:Walmart says it will discontinue Jet by TallGuyShort on Tuesday May 19, 2020 @11:11AM (#23235686)
So is it NOT one of the most valuable brands in the world then? Despite Forbes' list of valuations? What exactly in the original comment about the strength of the brand do you even think is incorrect?
Re:Walmart says it will discontinue Jet by ohmaigad on Tuesday May 19, 2020 @11:42AM (#23236073)
Depends how you look at it. I'd say that if you value brand based on its recognition and not on its revenue/profit then Walmart is not one of the most valuable brands in the world. Just looking at the Forbes list i really doubt that MasterCard is less recognised around the world as SAP or Walmart, or Home Depot (operates in 3 countries) is more recognisable as Gillette or Ford... Forbes list should really be called "Worlds most valuable companies" not brands.
Re:Walmart says it will discontinue Jet by speedgoose on Tuesday May 19, 2020 @11:36AM (#23236008)
The original comment isn't about the value of the brand according to Forbes, but the strength of the brand.

I just say that the brand is strong only in USA but not so much outside. Not many people care about or even know the brand in most countries. So it's not a lot of strength worldwide even though it's valuable in Forbes and very strong in USA. Coca-Cola or Apple are much more strong worldwide.

Re:Walmart says it will discontinue Jet by jpindar on Tuesday May 19, 2020 @04:23PM (#23239715)
As an American I have never purchased anything from Timmies or Tesco but I consider them strong brands.
Re:Walmart says it will discontinue Jet by TallGuyShort on Tuesday May 19, 2020 @11:51AM (#23236209)
Oh you named 2 stronger international brands. Obviously jet.com should have been kept then. Way to completely miss the forest for the trees.
Re:Walmart says it will discontinue Jet by speedgoose on Tuesday May 19, 2020 @12:13PM (#23236535)
Sorry I didn't want to upset you.
Re:Walmart says it will discontinue Jet by TallGuyShort on Tuesday May 19, 2020 @05:21PM (#23240385)
I'm not upset, I'm just absolutely baffled that there's such disagreement with the idea that you can be one of the best in the world at something without doing it all over the world.
Re:Walmart says it will discontinue Jet by thaumasiotes on Wednesday May 20, 2020 @02:09AM (#23243776)
> The brand is absent from most countries.

Who cares? Countries are not all equal. This is one of those "Either the sun will come up in the morning, or it won't. Two choices; fifty-fifty" arguments.

Re:Walmart says it will discontinue Jet by buzzerbetrayed on Tuesday May 19, 2020 @11:10AM (#23235674)
> Just because it's an almost entirely American brand doesn't change anything GP said.
Re:Walmart says it will discontinue Jet by speedgoose on Tuesday May 19, 2020 @11:38AM (#23236032)
I simply disagree that's a strong brand worldwide because it's only a USA brand.
Re:Walmart says it will discontinue Jet by TallGuyShort on Wednesday May 20, 2020 @10:45AM (#23247433)
No one even said "strong brand worldwide" they said "one of the strongest brands in the world". Does a professional athlete have to compete overseas to be recognized as being exceptionally good at their sport, if they absolutely dominate in their home country, and their home country happens to be very significant in that sport? If you're going to get hung up on details, don't reword them.

Would someone who qualifies for the Olympics for the first time from a powerhouse country not qualify as "one of the best in the world"?

Re:Walmart says it will discontinue Jet by thejynxed on Tuesday May 19, 2020 @02:16PM (#23238151)
Walmart has stores everywhere but the North & South Poles. There's a reason they employ over 2.3 million people.
Re:Walmart says it will discontinue Jet by birdyrooster on Tuesday May 19, 2020 @09:41AM (#23234766)
Yeah it’s like milk tons of people drink it but it’s for babies.